Social mortgage - concept, possibilities, design specifics

What is the Young Family program?

The social program works as follows: its participants are issued a certificate, through which they can repay 30-35% of the estimated cost of an apartment or house. The benefit is provided once and only for one property - you cannot buy several properties at once and receive a certificate for each or distribute the amount of one benefit between them.

Funds are transferred from the consolidated budget, that is, subsidies are provided simultaneously at the federal, regional and local levels, which means that special conditions for receiving may apply in individual entities. The benefit applies both for a one-time purchase of real estate and in the case of borrowing funds.

If participants take out a new mortgage, the benefit is completely used to pay the down payment, and the family pays off the rest independently from its own funds. The Young Family program is compatible with maternity capital.

Situations often arise when a loan has already been issued at the time of receiving the certificate. But even in this case, it can be used if on the day the contract was signed the family was still on the waiting list for housing improvements. conditions.

How to get a mortgage for a young family

You can receive money from the bank to purchase real estate on regular and preferential terms. The first option is unprofitable for young people, because loan rates will be high. There is a certain procedure that must be completed in order to become a participant in the state program. Having completed them, the newlyweds will be able to obtain a loan on preferential terms:

1. Registration in the “Young Family” program. Contact the city administration or MFC. Get a list of documents. Present the completed papers to the MFC or administration. Wait for notification of registration in the queue for improved living conditions.
2. Analysis of the real estate market and selection of suitable housing. You can use lists from government websites where economy class complexes are collected.
3. Selecting a bank and applying for a mortgage loan. A list of suitable financial institutions can be found from the organizations responsible for the implementation of the project.
4. Concluding a mortgage loan agreement on preferential terms.

How is the subsidy amount calculated for a young family?

As mentioned earlier, the basis for establishing the amount of the benefit is the estimated value of the residential property. Family size and composition also plays a role. One of two possible rates can be set. The table below provides a detailed scheme for calculating the amount of the benefit.

If, after joining the program, a couple’s first child is born or adoption occurs, then an increase of 5% is assigned to the “maximum” percentage. If the amount of the subsidy exceeds the amount of debt and interest on the mortgage, the unspent funds “burn out”: they cannot be used in the future.

But it still remains unclear how to calculate the specific amount that the state is ready to allocate. In fact, it will be different for each region, since it consists of variables.

To calculate the amount of the subsidy you need to know:

• the norm for the total area of ​​living space (42 sq. m for a family of two people, 18 sq. m for each member of a family of three or more people);
• standard cost of one sq. meters (set by the municipality, cannot be lower than the average market value of 1 sq. m of housing in the subject).

By multiplying these numbers, you can get the exact estimated cost of an apartment or house. Subtracting 65-70% from it, we calculate the amount that the state will ultimately pay “out of its own pocket” in favor of program participants.

For example, let’s make a calculation for an average one-room apartment in the Moscow region for a childless couple. Its total area will be 42 square meters. m - this fits into existing standards. According to the law, it is established that this year the standard price per sq. m. m is equal to 54,479 rubles. Thus, it follows 54,479 * 42 = 2,288,118 rubles. This is the estimated value of the property.

Now 30% of this amount should be allocated - the amount of the “discount” for program participants. It will be 686,435 rubles. — this is the amount the family will ultimately be able to deduct from the mortgage. The benefit is calculated similarly for other regions - just find out the standard.

Subsidies for the purchase of housing

A subsidy is a payment to a young family to improve their living conditions. Funds are provided from federal and regional budgets, as well as from special funds.

With the help of a subsidy, a new unit of society can purchase an apartment or house with minimal financial outlay. Most often, either the interest on the loan or the down payment is subsidized.

In order to receive housing under the state subsidy program, you must stand in line. Only those families whose total income is below the subsistence level in the region can get into it.

It is worth noting that the subsidy is not given in cash. The young family receives a certificate. Its denomination depends on a number of factors: the market value of 1 sq. meters in the region, household income, presence of a child.

Required documents

To obtain the document, you must provide a package of documents to the housing policy department or specialized centers. It consists of:

• statements;
• passports;
• certificates of family composition;
• certificate of income of each spouse.

Sometimes young families have to wait in line for a subsidy for years, since there is a category of people who receive certificates first. These are WWII participants, civil servants, and employees of the Ministry of Internal Affairs.

Example. Let's consider the size of the subsidy for a young family consisting of 2 people

Given that:

• they live in St. Petersburg;
• they live in Moscow.

The estimated cost of housing for St. Petersburg is 56,125 rubles/sq. m., and in Moscow - 90,400 rubles/sq. m. (according to data for the 2nd quarter of 2014).

Subsidy amount for Moscow: 90,400* 0.3*42 = 1,139,040 rubles.

Amount of subsidy for St. Petersburg: 56,125* 0.3*42 = 707,175 rubles.

Disadvantages of housing subsidies:

• limited validity of the certificate. From the date of receipt, the household must purchase housing within 6 months. Otherwise, he will have to collect documents and stand in line again.
• lengthy paperwork. To register in the program you will need a large set of documents, which is not so easy to collect;
• big queue.

Who can participate in the program

To participate in the program, its members must register their marriage at the registry office and live together for at least 1 year. There is an opinion that it is necessary to have a child, but this is not so - families without children, as well as single-parent families, have the right to submit an application. But in these cases the subsidy conditions will differ.

Another important nuance is that applicants for the subsidy must be on a waiting list to improve their living conditions. To do this, a separate application is submitted to any existing public service center.

Basic requirements for participants in the Young Family program:

• citizens of Russia;
• age no more than 35 years inclusive;
• owns no real estate;
• solvency.

All these restrictions are created for one single purpose - so that only those who are truly in need can receive the subsidy. It is also worth mentioning that when applying for a social mortgage, the family must have a documented income, which has a minimum level. For example, the minimum for a couple is 21,621 rubles, for three – 32,510 rubles.

Who can take part?

Not everyone will be able to participate in the state project. To apply, you must meet the criteria described in the previous paragraph. According to the terms of a mortgage for a young family for 2021, the following groups of citizens will be able to count on preferential lending:

1. Young families without children that meet other criteria. The subsidy is limited to 30% of the cost of housing.
2. A family with one child and one parent will be able to apply for a subsidy of 35%. The decision will be made taking into account external circumstances.
3. Newlyweds, provided that each of the citizens is Russian. If there is a child in the family, then one parent with a civil passport is enough.

Persons over 35 years of age and families recognized as not in need of financial assistance to improve their living conditions cannot count on a subsidy.

Attention! Each applicant for mortgage benefits is required to confirm that he has the remaining amount to purchase a home. Without this, no subsidy will be provided.

Procedure for applying for a subsidy for a young family

The program is federal, but it is supervised by municipalities of individual regions. There is no single portal for consultations, so to apply for participation, you need to visit the administration at your place of registration. The housing department will give you a list of required papers, after which you can begin collecting them.

Like most government services, subsidies for young families are issued:

• personally;
• through a legal representative;
• online;
• through MFC.

You can submit an application online on the Russian Government Services Portal. To do this you need to register on the site. If it is not possible to personally handle the registration, these responsibilities can be assumed by third parties under the terms of a notarized representation.

What documents will be required

Those planning to apply for participation in the program will have to collect an impressive package of documentation. The main part of the papers is already in the possession of the participants - all that remains is to make copies, but some certificates will have to be obtained from employers, utility services, banks and other institutions.

List of main documents:

• application (2 copies);
• copies (passports, birth certificates of children, marriage registration, etc.);
• certificates that confirm the family’s security (bank statements, certificates of salary, social benefits, etc.);
• extract from the house register.

The list of documents may vary in different regions, so before submitting an application it is better to clarify the information with the relevant municipal authorities.

Benefits are not available to everyone

People who believe that mortgage programs for young families are available to a wide range of citizens are greatly mistaken. There are many requirements for individuals who intend to become participants in the program.

Firstly, the presence of Russian citizenship. Secondly, there is an age limit. Citizens who are over 35 years old are not entitled to assistance from the state. Thirdly, the applicant must live in conditions that absolutely need to be improved.

In relation to the latter, it is necessary to clarify what conditions need to be improved:

• lack of own living space;
• real conditions are unsuitable for normal living;
• living in a communal apartment with a person who is seriously ill;
• availability of available funds, which will be enough to partially cover the purchase of real estate.

The state pays special attention to the applicant’s income:

At the same time, the maximum amount of assistance that a family has the right to count on is six hundred thousand, eight hundred and one million rubles, respectively.

To change your status - from an applicant to a participant - you must meet the program requirements, collect the necessary papers and contact the administration of your district.

Package of documents

It includes:

• application in 2 copies, which reflects the request for inclusion in the number of participants in the program;
• personal papers - passport, marriage and birth certificates (if any);
• documents confirming solvency, as well as confirming receipt of social benefits and availability of bank accounts;
• an extract from the house register;
• information about place of residence for the last 60-84 months.

Procedure for obtaining a mortgage for young families

Joining the program

The package of documents along with the application must be submitted to the local government authorities. This can be done by both spouses or by either of them separately. An important nuance: papers submitted this year allow you to join the Young Family program only in the coming year. If those on the waiting list “didn’t make it through,” then the whole procedure would have to start over again—and so on “until victory.” Paperwork is often intimidating because participants have to spend a lot of time on it, but a more efficient registration method has not yet been developed. In addition, there is no single database to look at how circumstances have changed in a particular family (birth of a child, moving, divorce, etc.), so collecting documents is to some extent justified.

The municipal administration reviews the documents within 10 days, then makes a decision - to “let through” the family or to refuse. In the latter case, the exact reason why the family does not fit the criteria of a young family must be indicated. Notification of the result of consideration of the application (positive or negative) must be sent to applicants no later than 5 days from the date of acceptance. As a result, a response from the authorities takes no more than 15 days.

Waiting for approval of lists of young families

If everything is fine with the papers, the family gets into the general queue. From this point on, it is impossible to predict how long you will have to wait before receiving compensation, since the lists number in the tens of thousands of participants. Preference is given to large families and those who joined the queue to improve their living conditions before 03/01/2005.

Every year the municipality compiles a waiting list. After accepting the lists, regional authorities immediately send notifications to the selected participants about the need to provide documents to obtain a certificate of right to social services. payment.

Application of subsidies for mortgage payments

When a family receives a notification, it must contact the administration within a month and write an application for a subsidy. Most likely, the housing department will require you to collect a number of more papers and certificates. When they are provided, the spouses (parent) receive a certificate - it is valid for 7 months. You should immediately begin a dialogue with the bank where the mortgage was issued or is being issued.

Within 30 calendar days, the family submits the certificate to the bank and applies for payment (confirmation of the intended use of funds is required - for example, a purchase and sale agreement). After that:

1. The bank opens an account and sends an application for a money transfer to the municipality within 6 days.
2. The administration transfers funds to the specified account within 5 days.
3. Within up to 5 days, the bank accepts funds to pay the principal debt or interest on the mortgage.
4. The property becomes full ownership.

As a result, part of the required amount to pay for the property is “sponsored” by the state, and the owners will pay the rest in installments under the loan agreement. The procedure for obtaining a subsidy requires a lot of time, but for a young family this is a chance to manage the purchase of an apartment or house.

Video

Very few young families in our country can boast of having their own home. Most of them received it as a wedding gift. Those who are not so lucky will have to solve the problem themselves, based on financial resources and personal potential. Let's figure out how to buy an apartment for a young family and not fall into debt slavery.

As a rule, the new unit of society has no savings. Therefore, many of them consider government assistance as the only option to purchase their own home. Today it is implementing social programs aimed at improving living conditions. The most popular of them are:

• subsidies;
• installment plan;
• mortgage.

Why may they refuse payment?

It is possible that a family has collected all the necessary documents and filled out an application, but in the end, after 15 days, they were refused by the municipality to be placed on the waiting list for benefits. In this situation, the notice must clearly set out the reasons for the negative decision.

Most often, local authorities refuse in the following cases:

• age discrepancy between participants;
• there is no record of registration as needing housing;
• insecurity of applicants;
• the right to a subsidy has previously been used;
• lack of a complete package of documents for granting benefits.

If a young family does not agree with the decision made by the municipality, its members have the right to re-apply, providing additional arguments in their favor - for example, certificates of income or other necessary documents. If the right to a subsidy has already been exercised, nothing can be done about it - the benefit is provided once.

Social mortgage - why it is difficult to take advantage of the right to benefits

Getting the opportunity to take advantage of this offer in practice is quite difficult. Despite the fact that interest-free mortgages are based on the main requirement - to solve the housing problems of the most financially vulnerable citizens of the country, most banks put forward a lot of other conditions. Fulfilling their stated requirements is not easy.

You will have to most carefully and in detail prove your membership in one or another social program, confirm your income, and submit a lot of documents. And although statistics show that in 2021 more than four dozen financial organizations are participants in various federal and regional mortgage projects, in reality no more than 10 actually participate in them. In addition, everyone, under any pretext, is trying to increase the interest rate by at least a couple of points.

Despite the fact that this method of lending is an opportunity to get monetary savings when purchasing real estate, and the benefit is sometimes up to 40%, there are still many difficulties and shortcomings:

• you need a starting payment - and this is a lot of money, which borrowers simply do not have;
• the share of expenses that are compensated within the framework of state support is not received immediately. These payments reach the recipient by the end of the reporting year. What does it mean? A person initially takes on the financial burden, and only after a while does he receive part of the funds back;
• insufficient level of control over the implementation of program conditions; low level of transfer of material resources. This entails additional risks that the project can be closed at any time and you will then have to pay yourself - on a general basis.

If you fail to take out a social mortgage, consider refinancing the mortgage at a lower interest rate.

How the queue of young families is formed

A very common question that potential program participants have is how long they have to wait. It is impossible to give a definite answer to this. The queuing procedure is not the easiest task, but it is only half the way to receiving a subsidy. Many families have to wait years for notification because the waiting list changes frequently.

Place in line for young families due to the following factors:

• the date when the family settled down. accounting;
• children (including disabled children);
• are there housing benefits;
• sum sq. meters of total area for each resident.

The more children a family has, the higher its chance of receiving benefits before others on the waiting list. Those who have been waiting for a subsidy for more than 13 years also have an advantage. Since money for the program is allocated from all levels of the budget, this “slows down” payments, and those on the waiting list have to wait up to 6 years or longer. The saddest thing is that if the spouses are over 35 years old, they automatically leave the project - the housing department of the region simply will not accept another application.

Types and conditions of a mortgage - who can apply for it?

The concept of social lending includes a list of special offers, the purpose of which is to provide financial support to citizens with different levels of income. To understand the essence of the proposal, it is advisable to study in detail the main directions of preferential financing for certain categories of the population.

State program “Young Family”

A young family wishing to use the federal mortgage lending program must meet the following conditions:

• have a sum of money that is enough to pay off that portion of the debt that will not be paid from the state budget. In this case, the total family income must be 200% higher than the current monthly payments under the contract;
• on the date of signing the transaction, neither spouse had crossed the age mark of 30 years. This is the participant's threshold;
• It is necessary for regulatory authorities at the local level to document the fact that the family really needs help in improving their living conditions.

In addition to the standard conditions of participation, you should also take into account the requirements of banks, which are different in each specific case.

Mortgages for young professionals

For those who belong to the category of young professionals, the state also provides the opportunity to buy housing on non-preferential terms. To do this, the applicant must either not have his own home at all and rent it out, or have cramped living conditions.

In addition, you must:

• be no older than 35 years old. The exception is the Northern regions - there this threshold has been extended for another 5 years;
• have a diploma of higher education in the specialty;
• experience of at least 12 months;
• After signing a mortgage agreement, the bank client is obliged to work in the region where the transaction was concluded in the profession acquired during the training process for at least 5 years.

Reference!

The borrower must have Russian citizenship, have good work performance and be financially able to make current payments - they cannot be more than 40% of monthly income.

In addition to the listed categories of citizens, the following can become a participant in social mortgage:

• employees of the public sector - they have access to preferential lending, purchase of real estate at its cost, and share reimbursement of part of the expenses from the regional or federal budget;
• those on the waiting list, teachers, medical staff - these are those people who, by the time an application is submitted to the bank, are already on the housing queue and fall under the terms of a preferential mortgage;
• military personnel - preferential mortgages are available to them upon expiration of a certain number of years of service. This group of people has the right to purchase real estate using government subsidies and is exempt from the need to make a starting payment.

In addition to the listed projects, there are various regional subsidy programs on preferential terms, the purchase of apartments from the developer, and interest-free mortgage loans for the purchase of real estate. In any case, even taking into account all the benefits, it is recommended to draw up a loan repayment schedule.

Changes to subsidies for young families

Initially, the subsidy was provided within the framework of the Federal Target Program “Housing”, which lasted until 2021. However, since the beginning of 2018, it has been included in the state program of the Russian Federation “Providing affordable and comfortable housing and utilities for citizens of the Russian Federation.” This is an almost identical bill that serves the same purposes.

The project did not undergo any major changes, and the waiting lists remained the same. The new program will operate five years longer - until 2025. After this, most likely, it will be extended, since today the queue is still far from complete. The financial crisis, which led to a reduction in funding for the regions, had a negative impact on the speed of payments.

Preferential mortgage 2021 - basic list of documents

In each specific bank, the list of securities required to be provided may be different, but a single basic list is standard:

• a certificate of the established form indicating that the applicant is on the list of people in dire need of purchasing housing;
• internal civil passport and candidate code for financing under the preferential program;
• marriage certificate and passport of the second spouse;
• an extract from the place of official employment about the amount of total income, broken down by month. As a rule, the last six months are taken as the basis;
• a copy of the work record book indicating the position held and the date of hire;
• if there are other sources of income - papers confirming them;
• statement of family composition.

Note!

The time for consideration of an application from a candidate for participation in social lending, instead of the stated 15 days, is extended by 7-8 weeks. This circumstance must be taken into account in the process of preparing documents - the relevance of some of them is limited by time parameters.

Social mortgage is significant government support for citizens entitled to housing benefits. How to become a participant in one of the programs and what specific type of subsidy to apply in each case is decided by local executive regional authorities. This could be partial compensation of expenses, sale of housing at a reduced cost, or reimbursement of interest rates.